In 2022, the most used authentication technology by companies worldwide was multi-factor authentication (MFA), followed by cloud-based single sign-on. Moreover, 48 percent of respondents stated that their company used a passwordless authentication system.
An additional layer of security over the passwords
MFA uses extra verification information over a generic password, resulting in an additional layer of authentication for security, with a market size close to 13 billion U.S. dollars worldwide in 2022. Most MFA authentication methods rely on one of three types of information: something you know - like a password or PIN; something you have - like a security token or smartphone; or something you are - like a biometric such as fingerprints or facial recognition.
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Thales Group. (September 8, 2022). Which of the following authentication technologies has your organization deployed in production? [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1359447/global-authentication-technologies-used-worldwide/
Thales Group. "Which of the following authentication technologies has your organization deployed in production?." Chart. September 8, 2022. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1359447/global-authentication-technologies-used-worldwide/
Thales Group. (2022). Which of the following authentication technologies has your organization deployed in production?. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1359447/global-authentication-technologies-used-worldwide/
Thales Group. "Which of The following Authentication Technologies Has Your Organization Deployed in Production?." Statista, Statista Inc., 8 Sep 2022, https://www.statista.com/statistics/1359447/global-authentication-technologies-used-worldwide/
Thales Group, Which of the following authentication technologies has your organization deployed in production? Statista, https://www.statista.com/statistics/1359447/global-authentication-technologies-used-worldwide/ (last visited July 27, 2024)
Which of the following authentication technologies has your organization deployed in production? [Graph], Thales Group, September 8, 2022. [Online]. Available: https://www.statista.com/statistics/1359447/global-authentication-technologies-used-worldwide/